Crypto Losses Up 59% in Q3 From Cyberattacks
The cryptocurrency sector has increasingly become a prime target for hackers in recent years. According to a report submitted by bug bounty and security services platform Immunefi, the Web3 space suffered a total loss wo...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a report submitted by bug bounty and security services platform Immunefi, the Web3 space suffered a total loss worth over $685 million in Q3, 2023.
This significant loss increase is particularly alarming given that losses suffered from hacks and frauds were over $428 million in Q2 this year....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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